2, CHERRY TREE GARDENS, NELSON, BB9 0NE - £200,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 CHERRY TREE GARDENS is a very large extended detached house of 154m², built sometime between 1996 and 2002. It was last sold for £200,000 in October 2019, which was around 2% above the average October 2019 detached price in the Pendle local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

2 CHERRY TREE GARDENS Sold Prices

Land registry data shows two sales for 2 CHERRY TREE GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. Both of the two 2 CHERRY TREE GARDENS sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 25 OCT	£200,000	£196,037	2% above HPI
2001 27 JUL	£95,950	£69,988	37% above HPI

2 CHERRY TREE GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Pendle local authority area over time, sourced from the HPI. The two 2 CHERRY TREE GARDENS sales from July 2001 and October 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2001 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the October 2019 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 2 CHERRY TREE GARDENS?

2 CHERRY TREE GARDENS is 154m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the largest 20% of detached houses in Nelson, based on EPC data. The below chart shows the distribution of detached houses by size in Nelson, and where 2 CHERRY TREE GARDENS lies on this distribution: 87% of detached houses are smaller than 2 CHERRY TREE GARDENS, and 12% of houses are larger. Note that EPC data is not available for all properties in Nelson.

2 CHERRY TREE GARDENS: Plot and Title Map

2 CHERRY TREE GARDENS sits on a plot of roughly 0.109 of an acre, or 439m². The below map shows the location of 2 CHERRY TREE GARDENS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 CHERRY TREE GARDENS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 CHERRY TREE GARDENS?

2 CHERRY TREE GARDENS is located in NELSON, in the BB9 postcode district. The below map shows the position of No. 2 on CHERRY TREE GARDENS.